Covenant Logistics Group, Inc. (CVLG): Price and Financial Metrics


Covenant Logistics Group, Inc. (CVLG): $20.27

-0.13 (-0.64%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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CVLG POWR Grades


  • CVLG scores best on the Growth dimension, with a Growth rank ahead of 89.65% of US stocks.
  • CVLG's strongest trending metric is Stability; it's been moving up over the last 31 weeks.
  • CVLG ranks lowest in Stability; there it ranks in the 57th percentile.

CVLG Stock Summary

  • With a price/sales ratio of 0.4, Covenant Logistics Group Inc has a higher such ratio than only 7.11% of stocks in our set.
  • With a year-over-year growth in debt of -63.41%, Covenant Logistics Group Inc's debt growth rate surpasses just 5.54% of about US stocks.
  • Covenant Logistics Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 80.38%, greater than the shareholder yield of 97.47% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Covenant Logistics Group Inc are ADES, CSSE, EVH, LZB, and USNA.
  • CVLG's SEC filings can be seen here. And to visit Covenant Logistics Group Inc's official web site, go to www.covenanttransport.com.

CVLG Valuation Summary

  • CVLG's price/earnings ratio is -11.5; this is 139.38% lower than that of the median Industrials stock.
  • CVLG's price/earnings ratio has moved down 30.8 over the prior 243 months.
  • Over the past 243 months, CVLG's price/sales ratio has gone up 0.1.

Below are key valuation metrics over time for CVLG.

Stock Date P/S P/B P/E EV/EBIT
CVLG 2018-04-24 0.8 1.8 9.5 23.1
CVLG 2014-01-31 0.2 1.4 38.8 16.5
CVLG 2010-06-11 0.2 1.0 -4.4 -32.2
CVLG 2005-02-10 0.5 1.5 22.0 11.5
CVLG 2004-06-28 0.4 1.3 20.4 10.0
CVLG 2002-10-23 0.4 1.5 -40.3 393.0

CVLG Growth Metrics

  • Its 3 year price growth rate is now at -10.28%.
  • Its 5 year net cashflow from operations growth rate is now at -50.49%.
  • Its 2 year net income to common stockholders growth rate is now at -96.94%.
CVLG's revenue has moved up $32,143,000 over the prior 30 months.

The table below shows CVLG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-03-31 848.636 76.172 -29.365
2020-12-31 838.561 63.04 -42.718
2020-12-31 838.561 63.04 -42.718
2020-09-30 849.207 49.185 -15.893
2020-06-30 861.291 64.536 -26.583
2020-03-31 888.9 51.345 1.831

CVLG Price Target

For more insight on analysts targets of CVLG, see our CVLG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $30.67 Average Broker Recommendation 1.62 (Moderate Buy)

CVLG Stock Price Chart Interactive Chart >

Price chart for CVLG

CVLG Price/Volume Stats

Current price $20.27 52-week high $23.97
Prev. close $20.40 52-week low $13.23
Day low $19.74 Volume 129,200
Day high $20.62 Avg. volume 88,782
50-day MA $21.08 Dividend yield N/A
200-day MA $18.89 Market Cap 339.56M

Covenant Logistics Group, Inc. (CVLG) Company Bio


Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.

CVLG Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$20.27$206.44 800%

We started the process of determining a valid price forecast for Covenant Logistics Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Covenant Logistics Group Inc ranked in the 88th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Covenant Logistics Group Inc, consider:

  • Covenant Logistics Group Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
  • Covenant Logistics Group Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -3.75. This coverage rate is greater than that of only 11.9% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • The weighted average cost of capital for the company is 12. This value is greater than 84.21% stocks in the Industrials sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%782%
1%791%
2%800%
3%808%
4%817%
5%826%

Want more companies with a valuation profile/forecast similar to that of Covenant Logistics Group Inc? See CAI, LMB, AER, AAWW, and SPLP.


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Latest CVLG News From Around the Web

Below are the latest news stories about Covenant Logistics Group Inc that investors may wish to consider to help them evaluate CVLG as an investment opportunity.

Covenant Logistics EPS beats by $0.27, beats on revenue

Covenant Logistics (CVLG): Q2 Non-GAAP EPS of $0.96 beats by $0.27; GAAP EPS of $0.91 beats by $0.25.Revenue of $256.32M (+33.7% Y/Y) beats by $31.57M.Shares +00%.Press Release...

Seeking Alpha | July 21, 2021

Covenant Logistics Group Announces Second Quarter Financial and Operating Results

CHATTANOOGA, Tenn., July 21, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the second quarter ended June 30, 2021. The Company’s live conference call to discuss the quarter will be held at 10:00 A.M. Eastern Time on Thursday, July 22nd, 2021. Chairman and Chief Executive Officer, David R. Parker, commented: “We were pleased to report second quarter earnings of $0.91 per share and adjuste

Yahoo | July 21, 2021

Should You Buy Covenant (CVLG) Ahead of Earnings?

Covenant (CVLG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Yahoo | July 19, 2021

Will Covenant Logistics (CVLG) Beat Estimates Again in Its Next Earnings Report?

Covenant Logistics (CVLG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Yahoo | July 14, 2021

Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call

CHATTANOOGA, Tenn., June 28, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced it plans to release its second quarter earnings after 4:00 p.m. Eastern time on Wednesday, July 21, 2021. Covenant Logistics Group, Inc. will hold a live conference call to discuss its second quarter earnings release on Thursday, July 22, 2021 at 10:00 a.m. Eastern time. Individuals with questions may dial in at 877-271-1828 (U.S./Canada) and 800-756-3333 (International), access code

Yahoo | June 28, 2021

Read More 'CVLG' Stories Here

CVLG Price Returns

1-mo 1.55%
3-mo -5.76%
6-mo 34.33%
1-year 16.36%
3-year -30.03%
5-year -9.97%
YTD 36.87%
2020 14.58%
2019 -32.68%
2018 -33.13%
2017 48.55%
2016 2.38%

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